Business

Aug132026 by Statement DeskNo Comments

Shohoz to provide e-ticketing for women’s bus services in three cities

Bangladesh Road Transport Corporation (BRTC) is set to introduce dedicated bus services for women in three cities, with Shohoz taking the initiative to introduce e-ticketing to make travel more convenient, accessible and hassle-free for female passengers.Shohoz.com and BRTC recently signed a Memorandum of Understanding (MoU) to introduce e-ticketing services for women’s bus services across 14 routes in Dhaka, Chattogram and Bogura.The initiative is expected to make ticketing more convenient and reduce waiting time and other hassles for female passengers. By digitising the ticketing process, the service also aims to create a more organised and efficient experience for women using dedicated public transport services.Safety, reliability and convenience remain key considerations fo...

Aug122026 by Statement DeskNo Comments

Banglalink Receives Bangladesh Bank Approval to Launch Digital Payment Service Mukto Pay

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Banglalink, the country's leading digital operator, today received a Payment Service Provider (PSP) licence from Bangladesh Bank, paving the way for its entry into the country's digital payments market. Banglalink will launch its digital payment services under the brand Mukto Pay, a fully owned Banglalink service designed to provide customers with simple, secure and accessible digital payment solutions. The milestone marks a significant step in Banglalink's expansion into digital financial services, supporting the transformation of Bangladesh's financial ecosystem, accelerating the country's transition towards a cashless society, and contributing to its ambition to become a $1 trillion economy by 2034. Designed to give consumers greater financial freedom and convenience, Mukto Pay aims t...

Aug122026 by Statement DeskNo Comments

Energypac to Supply Transformers to ADEX Corporation for ADB-Funded NESCO Project

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Energypac Engineering Ltd. has signed a USD 5 million contract with Adex Corporation to supply 15 units of 20/28 MVA transformers for an ADB-funded project of the Northern Electricity Supply Company Limited (NESCO).The contract signing ceremony was recently held at Adex Corporation’s office in Tejgaon, Dhaka. Engineer Rabiul Alam, CEO and Director of Energypac Engineering Ltd., and Engineer Ali Azam, Chairman of Adex Group, were present at the signing ceremony.Under the agreement, Energypac Engineering Ltd. will supply 15 units of 20/28 MVA transformers, supporting the development and strengthening of Bangladesh’s power distribution infrastructure. The contract is valued at approximately USD 5 million.Energypac Engineering Ltd. is one of Bangladesh’s leading engineering and pow...

Aug122026 by Statement DeskNo Comments

Guardian declares policy bonus of Tk 63 per thousand

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Guardian Life Insurance Limited has declared a policy bonus of Tk 63 per Tk 1,000 sum assured for its eligible life insurance policyholders for the year 2025.In life insurance, a policy bonus is an earned profit that an insurance company may provide to its policyholders. This bonus is generally provided based on the company’s profits. In addition to the regular benefits of the policy, policyholders receive this extra amount as a share of the company’s profits.Guided by its “Customer First” philosophy, Guardian declared its first policy bonus in 2016. Since then, the company has consistently provided annual bonuses to all eligible policyholders.The bonus adds to the long-term value of customers' savings and strengthens their future financial planning. Retail policyholders can ch...

Aug122026 by Statement DeskNo Comments

MetLife Foundation and MIDAS to Train 500 Youth in Mobile Repairing and Entrepreneurship

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MetLife Foundation, in partnership with Micro Industries Development Assistance and Services (MIDAS), has launched a two-year skills development initiative to train 500 youth in mobile repairing and entrepreneurship in Dhaka and Chattogram.The program will equip participants with practical, market-relevant skills in mobile phone repairing and maintenance. This will enable them to pursue self-employment and build sustainable livelihoods in a growing digital economy.With over 187 million mobile subscribers in Bangladesh and nearly 75 percent of households owning smartphones, the mobile repairing sector offers strong income opportunities. The initiative aims to bridge the skills gap and connect young people to these opportunities.This initiative reflects MetLife Foundation’s commi...

Aug112026 by Statement DeskNo Comments

National Bank Exchange House Remitters Honoured at “2nd Bangladesh Remitters Recognition 2026” in Singapore

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Five remitters of National Bank Exchange House were honoured with the "2nd Bangladesh Remitters Recognition 2026" award in Singapore on August 10, 2026. State Minister for Foreign Affairs Shama Obaed Islam presented the awards. The event recognised expatriate remittance warriors who have made significant contributions to the country's economy by sending remittances through legal or banking channels. In the individual category, Md. Rezaul Karim, Nazmul Arefin, and Md. Omar Faruk Sabuj received awards in the "By Volume" category for sending the highest amount of remittances through National Bank Exchange House. Mohammad Babul and Mohammad Jamiul Islam received awards in the "By Frequency" category for sending remittances most frequently through the same institution.Speaking as guest of h...

Aug102026 by Statement DeskNo Comments

Shamima Akter Lovely, New HoHR of National Bank

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Shamima Akter Lovely joined National Bank PLC as Senior Executive Vice President (SEVP) and Head of Human Resources (HoHR) on Monday, August 10, 2026, bringing more than 24 years of leadership experience in all facets of human resources. Ms. Shamima has extensive experience in organizational restructuring, workforce optimization, talent and performance management, compensation & benefits, HR technology, learning and development, employee relations, and change management.Prior to joining National Bank PLC, she served as Head of Human Resources at Shimanto Bank PLC. Her distinguished career also includes senior leadership roles at IDLC Finance Limited, Velwire Ltd., Avery Dennison Bangladesh Ltd., Heidelberg Cement Bangladesh Ltd., Concern Bangladesh, and Square Fashions Limited (Sis...

Aug92026 by Statement DeskNo Comments

Banglalink partners with BURO Bangladesh for connectivity and digital solutions

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Country's leading digital operator Banglalink has signed an agreement with BURO Bangladesh, one of the country's largest microfinance institutions, to provide connectivity and digital solutions to the organization.Under the agreement, Banglalink will provide connectivity and enterprise digital solutions to BURO Bangladesh, supporting the organizations communication needs through reliable digital services. The partnership reflects the shared commitment of both organizations to leveraging technology for greater efficiency and seamless connectivity. The signing ceremony was held on Tuesday at the head office of BURO Bangladesh. Kazi Mahboob Hassan, Chief Marketing Officer of Banglalink, and Farmina Hossain, Director Operations of BURO Bangladesh, signed the agreement on behalf of their r...

Aug92026 by Statement DeskNo Comments

BRAC Bank opens Digital Service Centre in Gulshan for 24/7 service

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BRAC Bank has inaugurated a Digital Service Centre on Gulshan Avenue in Dhaka, reinforcing its commitment to delivering convenient, technology-driven banking services around the clock.The new self-service centre styled BRAC Bank Fast Track operates 24 hours a day, seven days a week, enabling customers to access essential banking services at their convenience. Located in the prominent commercial hub of North Gulshan and equipped with two Cash Recycling Machines (CRMs) and one Automated Teller Machine (ATM), the centre offers cash withdrawals, cash deposits, fund transfers, and other services.To enhance the customer experience, a dedicated Digital Ambassador will assist visitors with digital account opening, the Astha app through Astha Sheba, and provide guidance on deposit and loan ...

Aug82026 by Statement DeskNo Comments

Industry Leaders Converge at China-Bangladesh Ceramics Annual Conference 2026

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The Bangladesh Ceramic Manufacturers & Exporters Association (BCMEA), in collaboration with Foshan Uniceramics Expo, China, successfully hosted the China-Bangladesh Ceramics Annual Conference 2026 today at the Lakeshore Hotel in Dhaka. Centered on the theme "Empowering Technology, Winning Tomorrow Together," the conference brought together international delegates, technical experts, and industry leaders to explore the future of ceramic manufacturing through bilateral cooperation and technological advancement.Opening the event, Irfan Uddin, General Secretary of BCMEA and Director of FARR Ceramics Ltd., emphasized that progress in the modern era is inextricably linked to partnership. "Empowering technology, winning tomorrow together reflects our belief that meaningful collaboration, ...